The live price of VeChain is L per (VET / ALL) with a current market cap of L . 24-hour trading volume is $ ALL. VET to USD price is updated in real-time. VeChain is in the last 24 hours with a circulating supply of .
VeChain is looking pretty solid with its big market cap and consistent updates to the blockchain. If you're thinking about its future, you wanna keep an eye on the fundamentals – things like the team behind it and their roadmap are key. Of course, you can also dive into some technical analysis, looking at VET's price history to gauge where it could be heading next.
VeChain’s got a two-token system: VET and VTHOR. VET is like the backbone – it’s used for storing and transferring value within the VeChain ecosystem. VTHOR, on the other hand, is the transaction fuel – it’s what you use to pay for stuff happening on the network.
VeChain runs on a proof-of-authority (PoA) system. Basically, transactions are verified by Authority Masternodes, which are like the trusted validators of the network. These masternodes need to stake at least 25 million VET and go through a strict identity check to be legit. While this boosts security, it also means VeChain is more centralized compared to some decentralized blockchains. So, it’s more about trust in those masternodes!
VeChain was founded in 2015 by Sunny Lu, the former CIO of Louis Vuitton China, and Jay Zhang. These two visionaries built VeChain to revolutionize supply chain management and enterprise processes using blockchain tech.
VeChain has a maximum token supply of 86.712 billion VET, capping its total circulation and making it a scarce asset within its ecosystem.
VeChain stands out by using a semi-centralized, permissioned approach to consensus, which offers enhanced security and reliability for industries like supply chains. This unique approach has enabled VeChain to form strong partnerships with top global manufacturers, making it a trusted solution in the real-world enterprise space.
Wanna grab some VeChain (VET)? You can scoop it up directly from EXMON using a debit or credit card. Or if you’re into swapping, you can trade it for other cryptos on the platform. VET price updates in real-time on EXMON, so you’ll always be in the know. For more deets on buying VeChain, check out the How to Buy VeChain (VET) guide!
To buy VeChain (VET) on Trust Wallet, first, make sure VET is toggled on in your wallet. Then, click on your VET balance, and you’ll see the option to purchase it through a third-party service with the [Buy VeChain] button. Super easy, right?
If you’re wondering how much VeChain could be worth in the future, check out the VeChain Price Prediction page! Just keep in mind, the data comes from user input and not EXMON’s official opinion. Always do your own research when setting price targets!
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